Intellipharmaceutics International Inc. (IPCI)

[fred198484]

FYI, unless they sign a partnership agreement or come up with some other alternative for cash, the math is pretty straightforward and they will do another offering before too much longer. A partnership might be possible but, based on the company's track record on this front, we probably should not be counting on it. You should assume another offering until proven otherwise. It is not a question of if but when.